Facebook, Microsoft shelve conference plans as coronavirus fears spread
Facebook Inc said on Thursday it would cancel its annual developer conference due to fears over the coronavirus outbreak and Microsoft Corp followed suit by...
Thyssenkrupp sells elevator unit for $18.7 billion to Advent-led consortium
Thyssenkrupp on Thursday said it agreed to sell its prized elevator division to a private equity consortium including Advent, Cinven and Germany’s RAG foundation for...
Thyssenkrupp sells elevator unit for $18.7 billion to Advent-led consortium
Thyssenkrupp on Thursday said it agreed to sell its elevators division to a consortium of Advent, Cinven [CINV.UL] and Germany’s RAG foundation for 17.2 billion...
Goldman Sachs asks some to skip conference over coronavirus concerns
Goldman Sachs Group Inc is asking people not to attend the bank’s New York conference next week if they or someone they are close to...
Wall Street flirts with correction amid pandemic fears
Wall street’s main indexes tumbled for the sixth straight session on Thursday, reaching a territory that could mark a nosedive from record highs last week...
TIM board views positively KKR’s non-binding bid for fiber-optic network
Telecom Italia (TIM) said on Thursday its board viewed positively a non-binding offer by U.S. investment firm KKR to become the Italian telecoms group’s exclusive...
DoorDash files to go public in latest IPO test for unprofitable startups
DoorDash Inc, the loss-making U.S. food delivery startup backed by SoftBank Group Corp , said on Thursday it has filed for an initial public offering...
Wall Street hammered by coronavirus anxiety; briefly confirms correction
Wall Street’s main indexes tumbled nearly 2% on Thursday and confirmed a correction that began last week, as the rapid spread of the coronavirus outside...
Oil prices dive to lowest in over a year as virus fears grow
Oil prices fell for a fifth straight day on Thursday, plunging to their lowest levels since January 2019 as more new coronavirus cases outside China...
Starbucks’ CEO says 85% of stores in China are open
Starbucks Corp said on Thursday 85% of its stores in China were open, weeks after the coffee chain shut nearly half of its over 4,000...